Wolfe Wave Forex Robot (by iticsoftware) Vienkārša statistika
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Wolfe Wave Forex Robot Diskusija
Iepriekšējās 1 .. 4 5 6 7 8 9 10 .. 14 Nākamais
SandyW

Biedrs kopš Mar 08, 2012  11 ieraksti SandyW May 07 2012 at 16:37
forexprofess,

Also, interesting that you joined the forum only 30 minutes before you posted!!

rs92

Biedrs kopš Feb 15, 2011  15 ieraksti rs92 May 07 2012 at 16:46
Hello Borys,
I won't enter a philosophical discussion about what martingale/grid is since it would be a waste of time. Who cares! The real ultimate question is: Is WW a sustainable strategy which can produce profits over time?

The fact of the matter is that :
a) forcing only one trade to be open, the probability of winning is some more that 50% (obviusly with losses bigger than wins); this fact negates the superiority of the WW startegy against a coin flipped in the air.
b) the WW strategy is totally based on a BET, i.e. when I am losing, before I wipe out all my equity, the market will reverse and, because of the geometrically increased size of my progressive trades, I'll be able to rebalance the account and making some profit (which actually is what happen in most of the cases)
3) all the most emphasized but live-losing robots are able to show exciting clean backtests. WW robot belongs to the fews that manage to crash every account even at backtest stage.
4) implementing the GlobalSL per the default parameter (700$) you can prevent the crash; the algorithm though produces an overall loss with a scary 55%+ DD.

Bottom line: either you play a conservative approach and over time you lose some money, or you play the 'exciting' game and, be sure, you'll splash against the wall.

Final question Borys: why when tonight during the huge DD the report was frozen, while later in the morning, when the market reversed favourably the report returned to update the figures?

BluePanther

Biedrs kopš Jan 25, 2010  63 ieraksti BluePanther May 07 2012 at 21:07
Dear Matthew,
 
We do not have money back for digital products.
I can exchange EA for any EA or Indicators. Is it ok for you?
What kind of problem do you have with WW EA?
 
regards,
Boris

=========================================

Buyer beware: NO REFUNDS.

I only purchased this product 27 April, and the drawdown recently was too uncomfortable for me.

iticsoftware

Biedrs kopš May 06, 2010  79 ieraksti Borys Fesenko (iticsoftware) May 08 2012 at 02:27
We have demo version for this product (trial fully functional ). Anybody can try this EA and decide.

BJF Trading Group
iticsoftware

Biedrs kopš May 06, 2010  79 ieraksti Borys Fesenko (iticsoftware) May 08 2012 at 02:31

   rs92 posted:
   Hello Borys,
I won't enter a philosophical discussion about what martingale/grid is since it would be a waste of time. Who cares! The real ultimate question is: Is WW a sustainable strategy which can produce profits over time?

The fact of the matter is that :
a) forcing only one trade to be open, the probability of winning is some more that 50% (obviusly with losses bigger than wins); this fact negates the superiority of the WW startegy against a coin flipped in the air.
b) the WW strategy is totally based on a BET, i.e. when I am losing, before I wipe out all my equity, the market will reverse and, because of the geometrically increased size of my progressive trades, I'll be able to rebalance the account and making some profit (which actually is what happen in most of the cases)
3) all the most emphasized but live-losing robots are able to show exciting clean backtests. WW robot belongs to the fews that manage to crash every account even at backtest stage.
4) implementing the GlobalSL per the default parameter (700$) you can prevent the crash; the algorithm though produces an overall loss with a scary 55%+ DD.

Bottom line: either you play a conservative approach and over time you lose some money, or you play the 'exciting' game and, be sure, you'll splash against the wall.

Final question Borys: why when tonight during the huge DD the report was frozen, while later in the morning, when the market reversed favourably the report returned to update the figures?


I do not know. I will check log files.

BJF Trading Group
SandyW

Biedrs kopš Mar 08, 2012  11 ieraksti SandyW May 08 2012 at 03:33 (labots May 08 2012 at 03:42 )

   forexprofess posted:
   I've bought this ea two months ago. Robot works on my live account without any problems. I trade on Wolfe Waves for several years, so this robot is fully consistent with my ideas about the forex market. Thanks Boris for a good ea!!!!



When I read this very glib endorsement by someone who had only just registered I intuitively felt it was fishy. However I asked a few intelligent questions on the off chance that here we might now have someone on the thread who could add value, beyond pointing up the risks. No answer.

I am as sure as I can be that the poster is in fact Borys posing as a satisfied client.

This WW trading strategy does have potential, but the way Borys has introduced martingale (or whatever), the grossly inadequate user manual, the tricky manipulation of results, the late offer of a trial version, the dismissal of the concerns of clients, the evasive answers to questions, the refusal to address the very real issue of the risk of account blow out, and now the outright lies is very disappointing. Not least to those of us who have spent good money buying the EA who are refused a refund out of hand. The idea of needing a refund seemed very remote when I paid out for this EA. I had expected support, not bullshit, not least because we have here a relatively expensive EA.

I see that price of WW EA has gone up substantially since I bought. Another marketing ploy.

Of course Borys is not now going to say 'hands up, sorry, let's get to grips with the issues properly, real support I promise from now on!'

Talking of issues, anyone noticed that on his video Borys claims that 99% of the time price hits TP? If that is the case Borys, why the need to introduce serious risk with martingale (or whatever)?


SandyW

Biedrs kopš Mar 08, 2012  11 ieraksti SandyW May 08 2012 at 04:11
Anyone still interested in Wolfe Wave theory might like to visit the following sites:

http://www.wolfewave.com/

http://www.forexfactory.com/showthread.php?t=6132

ForexDream

Biedrs kopš May 07, 2012  3 ieraksti ForexDream May 08 2012 at 06:33
Hello Boris,

I have bought the exprt. In my opinion the best timeframe to trade WW expert is H4 so strong trends compensated by long distances between trades. What do you think?

Can I request to add hidden stops and sound/email alerts on open/close of the trades?

=NO money NO honey=
Janus78

Biedrs kopš May 07, 2012  6 ieraksti Janus78 May 08 2012 at 06:38

   iticsoftware posted:
   
At 9 levels max per pair, what would be the approximate equity loss in one pair that hits SL?


Floating expected DD will be 15-25%.


What account size and what lots do you suggest to use to limit Max DD 25%?

BluePanther

Biedrs kopš Jan 25, 2010  63 ieraksti BluePanther May 08 2012 at 09:12
Borys, you think we are so gullible to believe ForexProfess is someone else? It is blatantly obvious you opened this account simply to write a comment to try to support your side of the argument. There is enough shit out there in forums without you creating more.

Don't post under new usernames / different logins.

(member joined 17 hours ago, commented 16 hours ago - no other stats, comments, info, etc on user)

It says a lot about you Borys, a lot more than it says about those you are trying to deceive.

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